World Perspectives

What a Week it Was

Here’s a short wrap up perspective after a week with lots of drama. In sum, the final results of Tuesday’s election are not in yet and the party control of Congress is undetermined and thus the policy path forward unclear. The November WASDE, while it was in line with expectations, still showed historically tight stocks of grains and oilseeds, not to mention forecasting a historical drop in beef production into next year (at 7.3 percent, the largest since 1979) and continuing tight hog supplies, all inflationary, especially when added to energy prices. The inflation report showed the annualized CPI is 7.7 percent, which notwithstanding February through September of 2022 is the highest since February 1982.   Nonetheles...

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Mar 25 Corn closed at $4.54/bushel, down $0.04 from yesterday's close. Mar 25 Wheat closed at $5.3625/bushel, down $0.0625 from yesterday's close. Mar 25 Soybeans closed at $9.945/bushel, down $0.0275 from yesterday's close. Mar 25 Soymeal closed at $300.8/short ton, down $2.7 fr...

Trudeau Resigns as Canadian Prime Minister

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Market Commentary: No Major Swings on More Positioning Ahead of WASDE

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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